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Pearce Hammond of Simmons Piper Jaffray asks about the driver for the steep decline in LOE and the sustainability of those cost declines. $APA CEO John Christmann replied that a lot of it is timing of how things came up in 1Q16. He added there was a big drop in a couple of areas, which is not something that will be there for the rest of the year.
$PYPL jumps 6% in after hours on strong results. I am bullish on this stock.
$TSCO stock remained active in the after hours trading and rose more than 2% after the retailer posted better than expected 1Q17 results.
Instagram has reached 700 million monthly active users. Looks like it will hit 1 billion soon. That would make it $FB’s fourth billion-user platform.